A Singapore-based unit of a Japanese firm is investing in Aboitiz Power Corporation to expand its clean energy projects in the Philippines. AboitizPower’s parent firm..
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The average price at the Wholesale Electricity Spot Market (WESM) fell by 35% month-on-month in the first three weeks of September to Php3.10 per kilowatt-hour..
AC Energy (ACEN) is looking to develop up to 500 hectares for solar farms in Mindanao, focusing first on Davao Del Sur. At a forum..
Major players in the Philippine energy sector are in agreement in recognizing Mindanao’s huge potential to develop and even provide power to other parts of..
The Department of Energy (DOE) has endorsed to the Board of Investments (BOI) a Php2.5 billion investment by Century Peak Energy Corporation to bring in..
The Energy Regulatory Commission (ERC) has named at least eight power generation companies (gencos) facing penalties as their respective plants have gone over the maximum..
AC Energy wants “stringent” and “reasonable” rules to be implemented in the government’s Green Energy Auction Program (GEAP), so it would attract serious bidders. Based..
The Securities and Exchange Commission (SEC) and the shareholders of Synergy Grid & Development Philippines have approved an amendment to the firm’s articles of incorporation..
The government looks to build its own oil reserve in a bid to lessen the country’s dependence on imported oil and thus, exposure to price..
Ayala-led AC Energy (ACEN) believes that the implementation of a reserve electricity market would invite more investors in ancillary services (AS) and battery energy storage..